In Scope of Position based Promotions (INTERNAL only)
Job Title: TPM External Engagement Manager
Location: Pune, India
Corporate Title: VP
Role Description
- Third Party Management (TPM), part of Deutsche Banks Global Procurement function, is responsible for the processes that manage risks related to the engagement of third party vendors and outsourcing.
- TPM has been through a large-scale transformation program to change the approach, process and technology used for the vendor risk management process. In parallel, there has been a significant increase from regulators and auditors on vendor risk and the way in which it is managed within DB.
Your key responsibilities
Given the increased focus on vendor risk and the establishment of a Regulatory Engagement team within TPM, additional support is required to drive and co-ordinate a range of activities, falling into three main areas, Regulatory Analysis, Operational Management, and Content Production:
Regulatory Analysis Advisory
Build and drive:
- Create and maintain and up to date analysis of DBs compliance against Third Party Regulations
- Run the Regulatory Governance Forum, a governance meeting across first and second lines of defence (Global Procurement, TPRM, Legal, Compliance), which includes the below activities:
- Track the progress of new regulations against the banks Regulatory Compliance Management processes including:
- Understanding the key owners for each stage of in flight regulations
- Track and report the progress
- Escalate report risks and issues via the Regulatory Governance Forum
- Create Points of View papers for internal audiences for new and emerging regulations and consultation papers
Operational Management:
- Be the primary contact for TPM issues for Asia Pacific region (and other regions as necessary), including all regulatory requests, Outsourcing governance forums and BAU questions. Relay feedback from APAC region into relevant global governance forums, to drive improved outcomes for DBs third party risk management approach Track and report on progress of
- Management of a communications plan to implement External Engagement activities
- Contributing to the development of processes to deliver effective management of Regulatory requests from regional, business and Regulatory Management Group Office stakeholders.
- Development and production of a reporting framework for Regulatory engagement.
- Creation and management of a repository of Regulatory engagement, peer benchmarking and external communication activity.
- Development and maintenance of a KOD to document External Engagement procedures.
- Developing strong relationships with key internal regulatory external audit facing functions
Content Production:
- Responding to business and RTC requests for information to support regulatory audit responses regarding TPM VRM processes, providing high quality content to protect and enhance the reputation of the Banks third party risk management activities.
- Sourcing and developing credible content to support regulatory engagements, senior management communications and ongoing business and regulatory requests.
- Work closely with the External Engagement Lead and other stakeholders to agree and implement regular MI to support the TPM story to regulators.
- Develop deep functional understand of the Third Party Risk Management process and associated platform Functionality
- This role reports directly to the Lead, TPM External Engagement.
Your skills and experience
- Deep understanding of key global third party regulations (MaRisk, EBA Outsourcing Guidelines, Interagency Guidance, PRA SS1/21, PRA SS2/21, DORA, MAS, HKMA, etc)
- Ability to influence and build collaborative relationships with a broad range of stakeholders
- Understanding of the third party risk management process
- Strong project management and organisational skills
- Ability to develop and deliver credible content
- Strong communication skills
- Self-starter, with the ability to work autonomously and drive engagement
- Strong attention to detail
- Ability to challenge the current operating environment
- Ability to identifying innovative value added solutions